1245 S Crescent Heights Blvd, Los Angeles, CA 90035
1245 S Crescent Heights Blvd, Los Angeles, CA 90035
1245 S Crescent Heights Blvd, Los Angeles, CA 90035
1245 S Crescent Heights Blvd, Los Angeles, CA 90035
1245 S Crescent Heights Blvd, Los Angeles, CA 90035
1245 S Crescent Heights Blvd, Los Angeles, CA 90035
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$ 1,800,000
Est. payment | /mo

6 Beds

4 Baths

4,638 SqFt


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$ 1,800,000
Est. payment | /mo
Save

6 Beds

4 Baths

4,638 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,638 sqft

Price per Sqft $388

MLS Listing ID 26810725

Bedrooms 6

Year Built 1936

Lot Size 6,438 Sqft

Acres 0.1478

Property Sub-Type Multi-Family

Property Description

Exceptional value-add 4-unit opportunity located in a prime Los Angeles neighborhood, featuring unique and charming architecture rarely found in typical multifamily assets. This distinctive property offers both strong in-place income and significant upside potential. The unit mix consists of (2) 2-bedroom + 1-bath units and (2) 1-bedroom + 1-bath units. Two units will be delivered vacant at closing, providing immediate flexibility for an investor or owner-user: Unit A: 2 Bed / 1 Bath (Vacant) Unit B: 1 Bed / 1 Bath (Vacant) The remaining units are currently occupied: Unit C: 2 Bed / 1 Bath rented at $2,100/month Unit D: 1 Bed / 1 Bath rented at $2,300/month. The property also features separate garage structures, offering excellent potential for Accessory Dwelling Unit (ADU) conversion (buyer to verify), creating an additional income stream and further enhancing long-term value.With its irreplaceable architectural character, desirable location, and multiple avenues for upside including rental increases, unit renovations, and ADU development - this is an ideal opportunity for investors seeking to reposition and maximize returns.

Location

State CA

County Los Angeles

Area Beverly Center-Miracle Mile

Zoning LARD1.5

Rooms

Other Rooms Other

Interior

Heating Wall

Cooling None

Equipment Range/Oven, Refrigerator

Exterior

Parking Features Garage - 4+ Car

Garage Spaces 4.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Miller & Desatnik Realty Co.

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

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1245 S Crescent Heights Blvd

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